Tether Launches $134M Stablecoin Infrastructure
Tether backs a $134M funding round for Stablecoin Development Corporation, aiming to enhance stablecoin infrastructure and adoption. #Update #Crypto $USDT
Stablecoin
Stablecoin Connectivity Boosted by Stables Mansa
Stables partners with Mansa to launch a liquidity layer for USDT corridors in Asia, targeting 60% of global stablecoin flows underserved by local banks. #Update #Crypto $USDT
Bitcoin Boosts Paxos Labs $12M Launch
Paxos Labs secures $12M led by Blockchain Capital to launch Amplify, a digital asset utility suite. Hyperbeat hits $510K AUM days after launch. #Update #Fintech
Y Combinator Invests in Stablecoin Startup
Y Combinator invests $500K in Totalis using $USDC via Solana, marking its first all-stablecoin deal, highlighting faster blockchain funding. #Update #Crypto $USDC
Clearbank Europe Secures EU Crypto License
Clearbank Europe becomes the first Dutch credit institution to complete MiCA’s CASP notification, enabling EURC and $USDC stablecoin services in the EU. #Update #Crypto $USDC
Stablecoin Yield Ban Barely Impacts Lending
White House report finds stablecoin yield ban minimally impacts bank lending, with only 0.02% increase; most reserves recirculate in banks, challenging deposit outflow concerns. #Update #Crypto
Stablecoin Transactions Surge to $1.5 Quadrillion
Stablecoin transactions could propel the market to $1.5 quadrillion by 2035, driven by a $100 trillion generational wealth transfer to Millennials and Gen Z, who favor digital currencies for payments. #Update #Crypto $USDT
Circle Launches USDC Payments for Banks
Circle launches CPN Managed Payments, enabling banks and PSPs to settle in $USDC without holding crypto. Partners include Thunes and Worldline. #Update #Crypto $USDC
Stablecoins Reshape Global Payments Infrastructure
Morph projects stablecoin volumes to hit $312B in 2025, surpassing Visa and Mastercard, with SWIFT potentially launching a stablecoin layer by 2027. #Update #Finance
USDC Freeze Sparks 16 Wallet Controversy
Onchain investigator ZachXBT reports Circle failed to promptly freeze $420M in illicit USDC flows since 2022, missing hacks, including a $232M Drift Protocol exploit. #Breaking #Crypto $USDC
Stablecoin Supply Surges to $315B Milestone
Stablecoin supply rises to $315B as institutional flows boost $USDC, highlighting increased demand in the crypto market. #Update #Stablecoin $USDC
Tether Forfeits $600K in Phishing Scam
Connecticut victim T.M. to recover $600K in $USDT from a Ledger phishing scam after U.S. authorities’ blockchain analysis traced and seized funds. #Update #Crypto $USDT
StakeStone Surges 500 Percent in Week
The StakeStone (STO) price surged over 500% amid bullish developments and partnerships, but an upcoming token unlock could increase selling pressure. #Update #Crypto
Ripple RLUSD Holds $1.57B Reserves
Ripple’s RLUSD stablecoin holds $1.57B in reserves for 1.41B tokens, verified by Deloitte, meeting NYDFS standards. #Update #Crypto $XRP